The one nation flipping America the bird, and getting away with it
Venezuela only has one big export - oil - and almost no one willing to risk American sanctions in order to buy it. Europe won't defy us, and neither will much of Latin America.
But one nation you probably don't think about will dare to risk sanctions.
At the start of the Venezuelan political crisis last month, Indian media reported that the Asian country continues to be one of the main buyers of Venezuelan crude oil. Indian refiners are still buying more than 400,000 bpd of oil from the troubled Latin American country, which is sitting on the world’s largest crude oil resources.
While the U.S. and many European nations have recognized opposition leader Juan Guaidó as the interim president of Venezuela, India has only limited itself to issuing a statement that “We are of the view that it is for the people of Venezuela to find political solution to resolve their differences through constructive dialogue and discussion without resorting to violence.”
The Indian buyer moved into rupees in order to avoid a problem in payments with the U.S. banking system.
White House National Security Advisor John Bolton tweeted: “Nations and firms that support Maduro’s theft of Venezuelan resources will not be forgotten."
That threat sounds serious...except that India has heard that threat before.
PTI reported the same official saying that the Indian and Chinese companies would be subject to the same sanctions as those in other nations. “Their (India and China) companies will be subject to the same sanctions that everybody else’s are if they engage in those sectors of the economy that are sanctionable, where there were sanctions imposed prior to 2015. And yes, we will certainly be requesting that their oil imports go to zero,” PTI reported citing an unidentified state official.
Obviously this is serious, because America would never issue an empty threat.
India has begun paying Iran for oil in rupees, a senior bank official said on Tuesday, the first such payments since the United States imposed new sanctions against Tehran in November.
Did India flat out ignore a Trump Administration threat?
Yes, they did.
And did Trump do something about it? No, he did not.
So why did India think that they could get away with defying our sanctions.
Because they've heard the threat before.
India could soon be faced with the threat of US sanctions following a controversial $5 billion weapons deal with Russia, a move analysts say poses more of a headache for Washington than it does Delhi.
Indian Prime Minister Narendra Modi finalized the deal, which will see India take possession of a high-tech S-400 missile defense system, during a bilateral meeting with Russian President Vladimir Putin in the Indian capital New Delhi on Friday.
The deal could potentially open India up to US sanctions under legislation known as Countering America's Adversaries Through Sanctions Act (CAATSA)
So did Trump do something about India's defiance of our sanctions threat this time?
No, again, he did not.
Exactly how much credibility with India do you think our sanctions threats have after backing down going on three times?
India just did the math:
Russia, China, NK, Syia, and Iran = U.S. adversaries
Turkey, Pakistan, Myanmar, Iraq, Qatar, Vietnam = Don't like U.S.
U.S. adversaries + Don't like U.S. = Holy Shit. We're running out of countries to be allies with.
America really needs someone to be a "friend" in Asia.
Even if that "friend" doesn't give an f*ck about what you want.
It looks like India just beat Trump, the casino owner, at game theory.